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Bernie Sanders Proposes $7 Trillion AI Wealth Fund to Give Americans Ownership in AI Industry

Senator Bernie Sanders has introduced a $7 trillion proposal aimed at giving Americans direct ownership and control over the artificial intelligence industry. The plan centers on creating a federal wealth fund modeled in part after Alaska's Permanent Fund, where citizens would receive dividend payments derived from returns on AI-related investments.

The proposal would effectively transfer partial ownership of the AI sector to the American public, redistributing wealth generated by the rapidly growing industry. Under this framework, a portion of the profits from AI companies would flow back to citizens through the fund.

Major AI companies are expected to strongly oppose the measure, as it would fundamentally alter the current ownership structure of the industry. The plan represents one of the most ambitious proposals to date for government intervention in the AI sector, directly addressing concerns about the concentration of AI wealth among a small number of technology companies.

The $7 trillion figure reflects the massive scale of investment required to acquire meaningful stakes in the AI industry, which has become one of the most valuable sectors in the global economy.

Sources